August 26th, 2021 at 6 pm PST

COURSE DESCRIPTION

Under current federal law, the possession and use of Cannabis in the United States is illegal. Individual states, however, have autonomy to create laws that govern the possession and use of Cannabis within their respective borders, which is where confusion in taxation and accounting starts. Many states have laws that directly conflict with federal law, as well as with each other. In this presentation, we will uncover the complexities of Cannabis taxation across the country and help the participant understand what to look for when working with clients in different states.

Learning Objectives: Understanding the federal, state, and local taxation of Cannabis in the United States

Topics Covered

  • Understanding the legality of Cannabis in individual states and federally
  • What does IRC conformity mean?
  • What are Cannabis-specific state and local tax rates across the country?
  • What is cumulative tax and how does that impact my Cannabis clients?

This Training Qualifies for CPE Credits

LEARNING OBJECTIVES: Understanding the federal, state, and local taxation of Cannabis in the United States

INSTRUCTIONAL DELIVERY METHOD: Group Internet Based

RECOMMENDED CPE CREDIT: 1 hour

FIELD OF STUDY: Specialized Knowledge

PROGRAM LEVEL: Basic

ADVANCED PREPARATION: None

PREREQUISITES: Accounting professional (CPA not required)

FEE: None*

Green Leaf CFO, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

*For more information regarding administrative policies, refund information, or any other feedback, please contact us at naomi@greenleafcfo.com.

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Presented by:

Naomi Granger, CPA, MBA

A former “Big 4” accounting professional, Naomi has over 15 years of experience in both public accounting and industry accounting. Over 4 years ago, Naomi decided to try her hat at entrepreneurship and has never looked back. Naomi recognized a void in the cannabis industry and founded Green Leaf CFO in order to bring proper bookkeeping, accounting and tax practices to cannabis businesses.

Green Leaf CFO provides educational tools for accountants and financial professionals to enter into the cannabis industry for untapped professional potential. Our mission is to help accountants fall back in love with accounting again, by changing the current state of the accounting industry from being high-stress, highly competitive; to a collaborative, value producing assets to our client's businesses.

Naomi has been featured in the Wall Street Journal, Forbes, Cheddar TV, on the cover of the Las Vegas Sun, on the cover of MJ Biz's Jan 2019 issue in their “Women to Watch” feature as well as many other publications.